B&M European Value Retail (LON:BME) Insider Tjeerd Jegen Acquires 29,000 Shares

Key Points

  • Tjeerd Jegen acquired 29,000 shares on Nov 19 at GBX 164 and has repeatedly bought large blocks since early September, accumulating more than 380,000 shares in total.
  • The stock trades around GBX 165 (opened GBX 165.14), well below its 50‑day (GBX 210.22) and 200‑day (GBX 248.49) moving averages, with a low P/E of 5.19 but a very high debt‑to‑equity ratio of 315.77.
  • Analysts largely remain positive—eight Buys, one Hold and one Sell—giving a consensus "Moderate Buy" and an average target of GBX 281.11, though several firms have recently cut their targets.

B&M European Value Retail S.A. (LON:BME - Get Free Report) insider Tjeerd Jegen purchased 29,000 shares of B&M European Value Retail stock in a transaction that occurred on Wednesday, November 19th. The shares were bought at an average price of GBX 164 per share, for a total transaction of £47,560.

Tjeerd Jegen also recently made the following trade(s):

  • On Tuesday, November 18th, Tjeerd Jegen acquired 31,850 shares of B&M European Value Retail stock. The stock was bought at an average price of GBX 155 per share, with a total value of £49,367.50.
  • On Monday, November 17th, Tjeerd Jegen acquired 31,450 shares of B&M European Value Retail stock. The shares were bought at an average cost of GBX 158 per share, with a total value of £49,691.
  • On Friday, November 14th, Tjeerd Jegen bought 31,650 shares of B&M European Value Retail stock. The stock was purchased at an average price of GBX 161 per share, for a total transaction of £50,956.50.
  • On Wednesday, September 17th, Tjeerd Jegen bought 50,400 shares of B&M European Value Retail stock. The stock was purchased at an average cost of GBX 250 per share, for a total transaction of £126,000.
  • On Friday, September 12th, Tjeerd Jegen purchased 61,500 shares of B&M European Value Retail stock. The shares were purchased at an average price of GBX 242 per share, with a total value of £148,830.
  • On Tuesday, September 9th, Tjeerd Jegen purchased 79,500 shares of B&M European Value Retail stock. The shares were purchased at an average cost of GBX 250 per share, with a total value of £198,750.
  • On Tuesday, September 2nd, Tjeerd Jegen purchased 43,480 shares of B&M European Value Retail stock. The stock was purchased at an average cost of GBX 228 per share, for a total transaction of £99,134.40.
  • On Wednesday, September 3rd, Tjeerd Jegen acquired 22,500 shares of B&M European Value Retail stock. The stock was purchased at an average price of GBX 231 per share, for a total transaction of £51,975.

B&M European Value Retail Stock Performance




Shares of LON:BME opened at GBX 165.14 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.38 and a debt-to-equity ratio of 315.77. The company has a 50-day moving average price of GBX 210.22 and a 200-day moving average price of GBX 248.49. The company has a market cap of £1.66 billion, a price-to-earnings ratio of 5.19 and a beta of 1.05. B&M European Value Retail S.A. has a 12 month low of GBX 154 and a 12 month high of GBX 378.50.

B&M European Value Retail (LON:BME - Get Free Report) last announced its quarterly earnings results on Thursday, November 13th. The company reported GBX 7.20 earnings per share (EPS) for the quarter. B&M European Value Retail had a return on equity of 43.85% and a net margin of 5.81%. As a group, equities analysts anticipate that B&M European Value Retail S.A. will post 38.4814815 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently issued reports on BME. Canaccord Genuity Group reduced their target price on B&M European Value Retail from GBX 395 to GBX 245 and set a "buy" rating on the stock in a research note on Wednesday, October 22nd. Jefferies Financial Group cut their price target on shares of B&M European Value Retail from GBX 260 to GBX 175 and set a "hold" rating on the stock in a report on Thursday. Shore Capital restated a "buy" rating on shares of B&M European Value Retail in a report on Thursday, November 13th. Berenberg Bank dropped their target price on shares of B&M European Value Retail from GBX 590 to GBX 450 and set a "buy" rating for the company in a research report on Thursday, October 9th. Finally, Citigroup cut their target price on shares of B&M European Value Retail from GBX 290 to GBX 225 and set a "buy" rating on the stock in a research note on Tuesday, October 21st. Eight investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, B&M European Value Retail has an average rating of "Moderate Buy" and a consensus target price of GBX 281.11.

Check Out Our Latest Report on BME

About B&M European Value Retail

(Get Free Report)

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.

Further Reading

Insider Buying and Selling by Quarter for B&M European Value Retail (LON:BME)

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